2021 Capital Budget Is $140 Mln

Canacol Energy (Alberta)

17/12/2020 21:28

Dec 17 (Reuters) - Canacol Energy Ltd  CNE.TO :
    * CANACOL ENERGY LTD - 2021 CAPITAL BUDGET IS US$ 140
MILLION
    * CANACOL ENERGY - FORECAST REALIZED CONTRACTUAL GAS SALES
FOR
2021 ARE ANTICIPATED TO BE IN RANGE OF 153 TO 190 MILLION
STANDARD CUBIC FEET PER DAY
    * CANACOL ENERGY LTD - CORPORATION'S FIRM TAKE-OR-PAY
CONTRACTS
AVERAGE 153 MMSCFPD NET OF 2021 CONTRACTUAL DOWNTIME
    * CANACOL ENERGY LTD - HAS ABUNDANT PRODUCTIVE CAPACITY OF
APPROXIMATELY 220 MMSCFPD TO FULFILL EXPECTED 2021 PRODUCTION
LEVELS

Source text for Eikon:  ID:nGNX789CRJ 
Further company coverage:  CNE.TO 

 ((Reuters.Briefs@thomsonreuters.com;))